Nordic Venture Performance Index 2014

Published 31/03/2014

The Nordic Venture Performance Index 2014 project hopes to have found the missing piece to attract international capital to Nordic venture capital funds.

Fundraising for private Nordic venture capital funds has been most difficult in recent years, and several funds have disappeared. The remaining funds are on the other hand more experienced with more mature processes, and have stronger teams and networks.

To attract international capital to these funds and promote the Nordic region as an attractive region to invest in, the people behind this project will collect credible performance statistics for the Nordic venture capital market, and create a Nordic Venture Capital Index.

Project participants:

Norway: Viking Venture (Project Manager)

Sweden: Northzone Ventures

Denmark: Sunstone Capital

Finland: Conor Venture Partners

Project partners:

Norway:

Viking Venture Management (Project Manager)

Sweden:

Northzone Ventures

Denmark:

Sunstone Capital

Finland:

Conor Venture Partners

Project website: n/a

Project description:

Fundraising for private Nordic venture capital funds has been most difficult in recent years, and several funds have disappeared. The remaining funds are on the other hand more experienced with more mature processes, and have stronger teams and networks. To attract international capital to these funds and promote the Nordic region as an attractive region to invest in, the people behind this project will collect credible performance statistics for the Nordic venture capital market, and create the Nordic Venture Performance Index 2014 (NVPI).

The NVPI will include 8 leading Nordic venture capital firms, 27 funds and 515 portfolio companies, and describe the period from 2000-2014. The Index will be based on full cash flow information from all participating funds.

Project status:

As of May 2015, the NVPI is planned to be launched in September 2015. The data has been successfully gathered, models have been built and the preliminary report is currently being reviewed by the members of the Index.

Data shows a sharp increase in Nordic venture capital investment activity since 2006. More than one billion EURO invested in the Index between 2000-2014, with an increase in investment levels since 2006. Preliminary analysis also shows that the Index has clearly outperformed comparable indexes both on a gross and net level since 2000.